Parliament's autumn session opens on the first Tuesday of September, as fixed by Article 83 of the Constitution. First plenary sittings set the autumn legislative agenda (budget 2027, mobilization, EU-accession laws).
Ukraine’s offensive reach cannot replace the shield over its cities
Russian barrages killed at least 16 around Kyiv and 16 more at a Kryvyi Rih shopping centre while Ukraine’s Patriot batteries ran nearly empty. Kyiv struck refineries, aircraft and air defences deep inside Russia, but Zelensky’s request for 300 to 360 interceptors shows that offensive success still cannot buy safety before winter.
Upcoming
17 key official events aheadMonthly Consumer Price Index release covering August 2026 (~9th-10th of the month). Provisional exact day.
Second review of the 48-month US$8.1bn EFF approved 26 Feb 2026, expected on or after 1 September 2026; completion would release a further 2026 tranche (the programme envisages about US$3.8bn across 2026). (Provisional — exact Board date depends on the staff mission and benchmarks.)
Scheduled NBU Board monetary policy meeting; decision and press briefing at 14:00 Kyiv time. An interim 'risk-assessment' meeting (no new full forecast).
Monthly Consumer Price Index release covering September 2026 (~9th-10th of the month). Provisional exact day.
Next 90-day extension of martial law and general mobilization, voted before the period that began 2 August 2026 lapses (~late October / early November). (Provisional date within the window.)
Scheduled NBU Board monetary policy meeting; decision and press briefing at 14:00 Kyiv time. A quarterly 'forecast' meeting accompanied by a new Inflation Report.
Quarterly macroeconomic forecast and Inflation Report accompanying the October key-rate decision, published per the official monetary-policy publications schedule.
Monthly Consumer Price Index release covering October 2026 (~9th-10th of the month). Provisional exact day.
Monthly Consumer Price Index release covering November 2026 (~9th-10th of the month). Provisional exact day.
Final scheduled NBU Board monetary policy meeting of 2026; decision and press briefing at 14:00 Kyiv time. An interim 'risk-assessment' meeting closing out the year.
Monthly Consumer Price Index release covering December 2026, giving full-year 2026 inflation (~9th-11th of January). Provisional exact day.
First NBU Board monetary policy meeting of 2027, a quarterly forecast meeting with a new Inflation Report. (Provisional — the NBU had not yet published its 2027 meeting calendar; date estimated from the usual late-January Thursday slot.)
Parliament's spring session opens on the first Tuesday of February per Article 83 of the Constitution. (Provisional — exact opening sitting depends on the published 2027 sessional calendar.)
Interim 'risk-assessment' NBU Board monetary policy meeting. (Provisional — 2027 calendar not yet published; date estimated from the typical mid-March Thursday slot.)
Quarterly forecast NBU Board meeting with a new Inflation Report; markets watch for the start of the easing cycle (the NBU signalled no cuts before Q2 2027). (Provisional — 2027 calendar not yet published; date estimated from the typical late-April Thursday slot.)
Interim 'risk-assessment' NBU Board monetary policy meeting. (Provisional — 2027 calendar not yet published; date estimated from the typical mid-June Thursday slot.)
Recent events
ua48Ukraine expands long-range drone campaign, accepting rising Russian civilian casualties
Background: Ukraine has intensified long-range drone strikes on Russian oil infrastructure and deep into Moscow to reduce Russian revenues and disrupt military production. Today's development: Ukraine has broadened its long-range drone campaign beyond military targets to include oil and gas infrastructure and major logistics hubs like Wildberries, explicitly aiming to bring the war home to Russians. This shift has led to a marked increase in Russian civilian casualties, with 79 killed in July 2026 alone, according to Russian authorities. Ukrainian officials defend the strategy as legitimate economic warfare, while Western analysts warn of risks to international support and note the distinction from Russia's deliberate targeting of Ukrainian civilians.
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Ukraine expands long-range drone campaign, accepting rising Russian civilian casualties
Background: Ukraine has intensified long-range drone strikes on Russian oil infrastructure and deep into Moscow to reduce Russian revenues and disrupt military production. Today's development: Ukraine has broadened its long-range drone campaign beyond military targets to include oil and gas infrastructure and major logistics hubs like Wildberries, explicitly aiming to bring the war home to Russians. This shift has led to a marked increase in Russian civilian casualties, with 79 killed in July 2026 alone, according to Russian authorities. Ukrainian officials defend the strategy as legitimate economic warfare, while Western analysts warn of risks to international support and note the distinction from Russia's deliberate targeting of Ukrainian civilians.
Background: Ukraine has intensified long-range drone strikes on Russian oil infrastructure and deep into Moscow to reduce Russian revenues and disrupt military production. Today's development: Ukraine has broadened its long-range drone campaign beyond military targets to include oil and gas infrastructure and major logistics hubs like Wildberries, explicitly aiming to bring the war home to Russians. This shift has led to a marked increase in Russian civilian casualties, with 79 killed in July 2026 alone, according to Russian authorities. Ukrainian officials defend the strategy as legitimate economic warfare, while Western analysts warn of risks to international support and note the distinction from Russia's deliberate targeting of Ukrainian civilians.
ua46EU pledges continued support and new sanctions as Ukraine marks Independence Day amid escalating drone attacks
On Ukraine's Independence Day, EU Council President Antonio Costa pledged continued support, including a new 90 billion euro loan, and threatened new sanctions against Russia, saying the EU will increase pressure until Russia ends the killing and shows serious peace willingness. Norway pledged an additional 9.2 billion dollars in aid for 2027. Meanwhile, Russia reported two children killed in a Ukrainian drone attack on Krasnodar, and Ukraine reported three killed in a Russian attack near Kharkiv. Russia also withdrew its ambassador from London, citing Britain's support for Ukraine.
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EU pledges continued support and new sanctions as Ukraine marks Independence Day amid escalating drone attacks
On Ukraine's Independence Day, EU Council President Antonio Costa pledged continued support, including a new 90 billion euro loan, and threatened new sanctions against Russia, saying the EU will increase pressure until Russia ends the killing and shows serious peace willingness. Norway pledged an additional 9.2 billion dollars in aid for 2027. Meanwhile, Russia reported two children killed in a Ukrainian drone attack on Krasnodar, and Ukraine reported three killed in a Russian attack near Kharkiv. Russia also withdrew its ambassador from London, citing Britain's support for Ukraine.
On Ukraine's Independence Day, EU Council President Antonio Costa pledged continued support, including a new 90 billion euro loan, and threatened new sanctions against Russia, saying the EU will increase pressure until Russia ends the killing and shows serious peace willingness. Norway pledged an additional 9.2 billion dollars in aid for 2027. Meanwhile, Russia reported two children killed in a Ukrainian drone attack on Krasnodar, and Ukraine reported three killed in a Russian attack near Kharkiv. Russia also withdrew its ambassador from London, citing Britain's support for Ukraine.
ua48Zelensky and Western Allies Urge US to Provide Patriot Interceptors for Winter Defense
Ukrainian President Volodymyr Zelensky and visiting Western officials, including former US Vice President Mike Pence and Danish Prime Minister Mette Frederiksen, are pressing the United States to supply Patriot interceptor missiles to counter Russian ballistic missile strikes. Zelensky requested 5-10% of US Patriot inventory, while Frederiksen called for European unity and more Patriot systems. The urgency stems from depleted US stockpiles due to the Iran war and anticipated Russian attacks on energy infrastructure as winter approaches. The discussions occurred during the Ukraine–Nordic-Baltic Eight summit and meetings with US senators and former envoy Keith Kellogg.
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Zelensky and Western Allies Urge US to Provide Patriot Interceptors for Winter Defense
Ukrainian President Volodymyr Zelensky and visiting Western officials, including former US Vice President Mike Pence and Danish Prime Minister Mette Frederiksen, are pressing the United States to supply Patriot interceptor missiles to counter Russian ballistic missile strikes. Zelensky requested 5-10% of US Patriot inventory, while Frederiksen called for European unity and more Patriot systems. The urgency stems from depleted US stockpiles due to the Iran war and anticipated Russian attacks on energy infrastructure as winter approaches. The discussions occurred during the Ukraine–Nordic-Baltic Eight summit and meetings with US senators and former envoy Keith Kellogg.
Ukrainian President Volodymyr Zelensky and visiting Western officials, including former US Vice President Mike Pence and Danish Prime Minister Mette Frederiksen, are pressing the United States to supply Patriot interceptor missiles to counter Russian ballistic missile strikes. Zelensky requested 5-10% of US Patriot inventory, while Frederiksen called for European unity and more Patriot systems. The urgency stems from depleted US stockpiles due to the Iran war and anticipated Russian attacks on energy infrastructure as winter approaches. The discussions occurred during the Ukraine–Nordic-Baltic Eight summit and meetings with US senators and former envoy Keith Kellogg.
ua43Ukrainian drones strike Russian aircraft and air-defense systems across southern Russia and Crimea
On 23 August, Ukraine's Unmanned Systems Forces reported striking 14 Russian targets, including two fighter jets (Su-30SM and MiG-29), an Orion drone, eight radar systems, a Tor and Pantsir launcher, and an S-400 position. Eleven targets were in Rostov Oblast and Krasnodar Krai, three in occupied Crimea. The strikes, reaching 300 km from the front line, continue a campaign to degrade Russia's air-defense network, widening corridors for Ukrainian long-range weapons.
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Ukrainian drones strike Russian aircraft and air-defense systems across southern Russia and Crimea
On 23 August, Ukraine's Unmanned Systems Forces reported striking 14 Russian targets, including two fighter jets (Su-30SM and MiG-29), an Orion drone, eight radar systems, a Tor and Pantsir launcher, and an S-400 position. Eleven targets were in Rostov Oblast and Krasnodar Krai, three in occupied Crimea. The strikes, reaching 300 km from the front line, continue a campaign to degrade Russia's air-defense network, widening corridors for Ukrainian long-range weapons.
On 23 August, Ukraine's Unmanned Systems Forces reported striking 14 Russian targets, including two fighter jets (Su-30SM and MiG-29), an Orion drone, eight radar systems, a Tor and Pantsir launcher, and an S-400 position. Eleven targets were in Rostov Oblast and Krasnodar Krai, three in occupied Crimea. The strikes, reaching 300 km from the front line, continue a campaign to degrade Russia's air-defense network, widening corridors for Ukrainian long-range weapons.
ua40UN Security Council to Convene on Ukraine's Independence Day Amid Rising Civilian Casualties
The UN Security Council will hold a formal meeting on August 24, Ukraine's Independence Day, to address Russia's ongoing war against Ukraine. Initiated by Denmark, France, Greece, Latvia, and the UK, the session will be chaired by Danish Foreign Minister Lars Løkke Rasmussen and feature briefings from UN officials Rosemary DiCarlo and Tom Fletcher. The meeting comes amid a UN-documented 37% increase in civilian casualties in Ukraine during the first half of 2026, driven by Russian long-range missiles and drones targeting urban areas and short-range drones and glide bombs in frontline regions. The UN Human Rights Office has reiterated that attacks on civilians and civilian infrastructure constitute war crimes and called for accountability.
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UN Security Council to Convene on Ukraine's Independence Day Amid Rising Civilian Casualties
The UN Security Council will hold a formal meeting on August 24, Ukraine's Independence Day, to address Russia's ongoing war against Ukraine. Initiated by Denmark, France, Greece, Latvia, and the UK, the session will be chaired by Danish Foreign Minister Lars Løkke Rasmussen and feature briefings from UN officials Rosemary DiCarlo and Tom Fletcher. The meeting comes amid a UN-documented 37% increase in civilian casualties in Ukraine during the first half of 2026, driven by Russian long-range missiles and drones targeting urban areas and short-range drones and glide bombs in frontline regions. The UN Human Rights Office has reiterated that attacks on civilians and civilian infrastructure constitute war crimes and called for accountability.
The UN Security Council will hold a formal meeting on August 24, Ukraine's Independence Day, to address Russia's ongoing war against Ukraine. Initiated by Denmark, France, Greece, Latvia, and the UK, the session will be chaired by Danish Foreign Minister Lars Løkke Rasmussen and feature briefings from UN officials Rosemary DiCarlo and Tom Fletcher. The meeting comes amid a UN-documented 37% increase in civilian casualties in Ukraine during the first half of 2026, driven by Russian long-range missiles and drones targeting urban areas and short-range drones and glide bombs in frontline regions. The UN Human Rights Office has reiterated that attacks on civilians and civilian infrastructure constitute war crimes and called for accountability.
ua39Analysts warn Russian advance threatens Sloviansk and Kramatorsk by December 2026
Background: Russian forces have been advancing on Kramatorsk and Sloviansk in Donetsk Oblast, but have faced infantry shortages that have stalled their standard urban-capture strategy. Today: Ukrainian military analysts warn that Russian forces, now 12-13 km from the cities, could infiltrate them by December 2026 if the advance continues. The eastern flank lost 21 square kilometers in the third week of August alone, with Russia's 3rd Combined Arms Army exploiting the hilly terrain of the Cretaceous Flora reserve. Analysts urge immediate reinforcement, suggesting the 3rd Army Corps, but caution that once infiltration begins, reinforcement may only delay inevitable loss, threatening Ukraine's defense in Donbas.
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Analysts warn Russian advance threatens Sloviansk and Kramatorsk by December 2026
Background: Russian forces have been advancing on Kramatorsk and Sloviansk in Donetsk Oblast, but have faced infantry shortages that have stalled their standard urban-capture strategy. Today: Ukrainian military analysts warn that Russian forces, now 12-13 km from the cities, could infiltrate them by December 2026 if the advance continues. The eastern flank lost 21 square kilometers in the third week of August alone, with Russia's 3rd Combined Arms Army exploiting the hilly terrain of the Cretaceous Flora reserve. Analysts urge immediate reinforcement, suggesting the 3rd Army Corps, but caution that once infiltration begins, reinforcement may only delay inevitable loss, threatening Ukraine's defense in Donbas.
Background: Russian forces have been advancing on Kramatorsk and Sloviansk in Donetsk Oblast, but have faced infantry shortages that have stalled their standard urban-capture strategy. Today: Ukrainian military analysts warn that Russian forces, now 12-13 km from the cities, could infiltrate them by December 2026 if the advance continues. The eastern flank lost 21 square kilometers in the third week of August alone, with Russia's 3rd Combined Arms Army exploiting the hilly terrain of the Cretaceous Flora reserve. Analysts urge immediate reinforcement, suggesting the 3rd Army Corps, but caution that once infiltration begins, reinforcement may only delay inevitable loss, threatening Ukraine's defense in Donbas.
ua38Ukraine's drone campaign hits 242 Russian shadow fleet ships, blocks Kerch Strait
Background: Ukraine's Unmanned Systems Forces and SBU have been striking Russian shadow fleet vessels in the Black Sea and Sea of Azov, targeting maritime fuel supply routes to occupied Crimea. New development: As of August 22, Ukraine's Unmanned Systems Forces commander Robert 'Madyar' Brovdi reported that Operation MoLoChKa has struck 242 Russian shadow fleet vessels since July 6, with 134 in the Sea of Azov and 108 in the Black Sea. In August alone, 36 vessels were hit. The operation aims to block Russian maritime movements through the Kerch Strait and restrict traffic in the northern and northeastern Black Sea.
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Ukraine's drone campaign hits 242 Russian shadow fleet ships, blocks Kerch Strait
Background: Ukraine's Unmanned Systems Forces and SBU have been striking Russian shadow fleet vessels in the Black Sea and Sea of Azov, targeting maritime fuel supply routes to occupied Crimea. New development: As of August 22, Ukraine's Unmanned Systems Forces commander Robert 'Madyar' Brovdi reported that Operation MoLoChKa has struck 242 Russian shadow fleet vessels since July 6, with 134 in the Sea of Azov and 108 in the Black Sea. In August alone, 36 vessels were hit. The operation aims to block Russian maritime movements through the Kerch Strait and restrict traffic in the northern and northeastern Black Sea.
Background: Ukraine's Unmanned Systems Forces and SBU have been striking Russian shadow fleet vessels in the Black Sea and Sea of Azov, targeting maritime fuel supply routes to occupied Crimea. New development: As of August 22, Ukraine's Unmanned Systems Forces commander Robert 'Madyar' Brovdi reported that Operation MoLoChKa has struck 242 Russian shadow fleet vessels since July 6, with 134 in the Sea of Azov and 108 in the Black Sea. In August alone, 36 vessels were hit. The operation aims to block Russian maritime movements through the Kerch Strait and restrict traffic in the northern and northeastern Black Sea.
ua37Ukraine confirms destruction of Su-24M at Saky airfield and strikes on Russian airfields and logistics
Background: Ukrainian National Guard special forces used combat drones to destroy a Russian Su-24M bomber at Saky Military Airfield in Crimea. On Aug. 22, President Zelensky confirmed the destruction of the Su-24M and four pieces of aviation equipment at Saky. The General Staff also confirmed damage from an Aug. 20 strike on Primorsko-Akhtarsk airfield, including a Niobi radar station and 18 UAV storage warehouses. Concurrent drone strikes targeted the Yeysk seaport, Novokuibyshevsk oil refinery, and an Ozon fulfillment center in Samara, part of Ukraine's ongoing campaign to degrade Russian military and economic capabilities.
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Ukraine confirms destruction of Su-24M at Saky airfield and strikes on Russian airfields and logistics
Background: Ukrainian National Guard special forces used combat drones to destroy a Russian Su-24M bomber at Saky Military Airfield in Crimea. On Aug. 22, President Zelensky confirmed the destruction of the Su-24M and four pieces of aviation equipment at Saky. The General Staff also confirmed damage from an Aug. 20 strike on Primorsko-Akhtarsk airfield, including a Niobi radar station and 18 UAV storage warehouses. Concurrent drone strikes targeted the Yeysk seaport, Novokuibyshevsk oil refinery, and an Ozon fulfillment center in Samara, part of Ukraine's ongoing campaign to degrade Russian military and economic capabilities.
Background: Ukrainian National Guard special forces used combat drones to destroy a Russian Su-24M bomber at Saky Military Airfield in Crimea. On Aug. 22, President Zelensky confirmed the destruction of the Su-24M and four pieces of aviation equipment at Saky. The General Staff also confirmed damage from an Aug. 20 strike on Primorsko-Akhtarsk airfield, including a Niobi radar station and 18 UAV storage warehouses. Concurrent drone strikes targeted the Yeysk seaport, Novokuibyshevsk oil refinery, and an Ozon fulfillment center in Samara, part of Ukraine's ongoing campaign to degrade Russian military and economic capabilities.